Bitmine owns over 4.21% of the total ETH supply of 120.7 million.
Bitmine is 84% of the way to “5% chemistry” in just 10 months
Ethereum continues to benefit from the dual tailwinds of Wall Street tokenizing on the blockchain and of proxy AI systems that increasingly need a public, neutral blockchain.
Bitmine was listed on the New York Stock Exchange (“NYSE”) of the US Stock Exchange as of April 9, 2026
Bitmine has 3,701,589 ETH, representing $8.8 billion at $2,369 per ETH.
MAVAN (Made in America VAlidator Network) is a leading Ethereum staking destination for BMNR and institutional investors, with a focus on security, performance, and flexibility.
Bitmine has $91 million from Eightco (NASDAQ: ORBS), and is now one of the only publicly listed stocks in the world giving investors direct exposure to OpenAI.
Bitmine Crypto + Total Cash Holdings + “Moonshots” total $13.3 billion, including 5.078 million ETH tokens, $940 million total cash, and other cryptocurrency holdings
Bitmine outperforms its cryptocurrency treasury peers through the speed of raising its NAV per share and through the high trading liquidity of BMNR shares.
Bitmine is the 129th most traded stock in the US, trading $845 million per day (5-day average)
Bitmine remains backed by a leading group of institutional investors including ARK’s Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital and personal investor Thomas “Tom” Lee to support Bitmine’s goal of 5% ETH
NORWALK, Conn., April 27, 2026 /PRNewswire/ — (NYSE: BMNR) Bitmine Immersion Technologies, Inc. today announced… (“Bitmine” or the “Company”), a Bitcoin and Ethereum network company with a focus on cryptocurrency accumulation for long-term investment, today announced Bitmine’s cryptocurrency + cash + “Moonshots” holdings totaling $13.3 billion.
The Company recently announced its listing on the New York Stock Exchange (“NYSE”) of the New York Stock Exchange on April 9, 2026. The Company’s common stock continues to trade under the symbol “BMNR.”
As of April 26, 2026 at 4:00 PM ET, the Company’s cryptocurrency holdings consist of 5,078,386 Ethereum at $2,369 per ETH (Coinbase NASDAQ: COIN), 200 Bitcoin (BTC), a $200 million stake in Beast Industries, a $91 million stake in Eightco Holdings (NASDAQ: ORBS) (“moonshots”) and total funds $940 million. Bitmine’s ETH holdings are 4.21% of ETH supply (of 120.7 million ETH).
“Bitmine ETH holdings exceeded 5 million last week,” said Thomas “Tom” Lee, Chairman of Bitmine. “This is a major milestone as the company moves towards capturing 5% of the ETH supply. This cumulative pace is astonishing, as it only took 10 months to reach 5 million.”
“Several recent research reports, including his latest research etherealETH argues that it is a “store of value” and will be held as collateral as digital assets are increasingly used in financial transactions. This new role for ETH has arguably been demonstrated by its superior performance since the start of the Iran War. Lee stated that ETH has outperformed the S&P 500 by 1,696 basis points since the war began and remains the best-performing asset in the world (along with crude oil prices).
“Furthermore, Ethereum continues to benefit from the dual tailwinds of Wall Street tokenizing on the blockchain and of proxy AI systems that increasingly need a public, neutral blockchain. In our view, there is a lot of sense for Ethereum being a better ‘wartime store of value’ and for Ethereum being the leading asset since the war began,” Lee said.
“Bitmine has maintained an increasing pace of ETH buying in each of the past four weeks, as our base case ETH is in the final stages of a ‘mini-crypto winter.’ “Last week, we acquired 101,901 ETH, the highest buying pace since the week of December 15, 2025,” Lee stated.
Bitmine recently launched MAVAN (Made in America VAlidator Network), an enterprise signing platform. While MAVAN was originally developed to support Bitmine’s Ethereum treasury, MAVAN intends to expand to serve institutional investors, custodians, and ecosystem partners looking for best-in-class storage infrastructure. A portion of Bitmine’s ETH has already been staked on the MAVAN platform.
As of April 26, 2026, Bitmine’s total ETH pool stands at 3,701,589 ($8.8 billion at $2,369 per ETH). “Bitmine has bet more on ETH than other entities in the world. At scale (when MAVAN and its partners acquired all of ETH from Bitmine), the expected staking reward in ETH is $363 million per year (using a 3.033% 7-day BMNR return),” Lee stated.
“Annual staking revenue is now $264 million. This 3.7 million ETH represents approximately 73% of the 5.08 million ETH held by Bitmine. Quatrefoil) is 3.028%, while Bitmine stakings generated a 7-day return of 3.033% (annualized),” Lee continued.
Bitmine cryptocurrency ranks No. 1 on Ethereum and No. 2 global treasury, behind Strategy Inc. (NASDAQ: MSTR), which reportedly owns 780,897 bitcoins worth $58.2 billion. Bitmine remains the largest ETH treasury in the world.
Bitmine is one of the most widely traded stocks in the United States. According to data from Fundstrat, the stock’s average daily trading volume was $845 million (5-day average, as of April 24, 2026), ranking it #129 in the United States, behind Nike Inc (ranked #128) and ahead of Comfort Systems USA (ranked #130) out of 5,704 stocks listed in the US (ranked #128).statista.com and Fundstrat research).
The GENIUS Act and the Securities and Exchange Commission (“SEC”) cryptocurrency project are as transformative for financial services in 2025 as the action taken by the United States on August 15, 1971 that ended Bretton Woods and the US dollar on the gold standard 54 years earlier. This event in 1971 served as the catalyst for the modernization of Wall Street, creating the iconic Wall Street giants and financial and payment bars of today. These investments have been proven to be better than gold.
The President’s message can be viewed here:
https://www.Bitminetech.io/chairmans-message
The full fiscal year 2025 earnings presentation and corporate presentation can be viewed here: https://Bitminetech.io/investor-relations/
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About Bitmain
Bitmain (NYSE: BMNR) is a Bitcoin mining company with operations in the United States. The company is deploying its excess capital to become the world’s leading Ethereum treasury company, implementing an innovative digital asset strategy for institutional investors and public market participants. Guided by its philosophy of “5% chemistry,” the company is committed to ETH as a primary treasury reserve asset, leveraging activities at the native protocol level including DeFi and staking mechanisms. The company will launch MAVAN (Made in America VAlidator Network), a dedicated storage infrastructure for Bitmine assets, in 2026.
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Forward-looking statements
This press release contains statements that constitute “forward-looking statements.” Statements in this press release that are not purely historical are forward-looking statements that involve risks and uncertainties. Specifically, this document contains forward-looking statements regarding: (1) the progress and achievement of the Company’s objectives in connection with the acquisition of ETH, including the “Alchemy of 5%” initiative and the long-term value of Ethereum; (2) the Company’s beliefs regarding the performance of Ethereum compared to other assets, including its description as a “wartime store of value” and its performance during geopolitical events; (3) the Company’s expectations regarding the current state and future course of the cryptocurrency market, including statements that ETH may be in the “final stages of a mini-crypto winter”; (4) the continued growth and progress of the Company’s Ethereum treasury strategy and the benefits applicable to the Company; (5) the Company’s stock repurchase program, including data regarding shares trading below intrinsic value, the Company’s ability to cumulatively retire common stock, and effect repurchases through open market transactions; (6) the Company’s digital asset accumulation and staking strategy, including MAVAN, and its expansion to serve institutional investors, custodians, and ecosystem partners, and expected annual staking revenues and rewards; (7) statements regarding the benefits of Wall Street tokenization on blockchain systems and agent AI systems that use public blockchains; (8) expectations regarding the potential impact of regulatory developments, including the GENIUS Act and the SEC Crypto Project, on financial services and digital assets; (ix) the Company’s financial flexibility to support treasury operations and expand the scope of the repurchase license. In evaluating these forward-looking statements, you should consider various factors, including: Bitmine’s ability to keep pace with new technology and changing market needs; Bitmine’s ability to fund its current business, Ethereum treasury operations, stock repurchase program and proposed future business; the competitive environment for Bitmine’s business; Market conditions affecting the trading price of the Company’s common stock; regulatory developments affecting digital assets, including the enactment and implementation of pending legislation and SEC initiatives; Geopolitical events and their impact on cryptocurrency markets; the volatility and unpredictability of digital asset prices; The future value of Bitcoin and Ethereum. Actual future performance outcomes and results may differ materially from those expressed in the forward-looking statements. Forward-looking statements are subject to numerous conditions, many of which are beyond Bitmine’s control, including those set forth in the Risk Factors section of Bitmine’s Form 10-K filed with the SEC on November 21, 2025, as well as all other filings with the SEC, as amended or updated from time to time. Copies of Bitmine’s filings with the SEC are available on the SEC’s website at: www.sec.gov. Bitmine undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Disclaimer: This is a sponsored press release and is for informational purposes only. They do not reflect the opinions of Crypto Daily, and are not intended to be used as legal, tax, investment, or financial advice.
